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Tuesday, 10 September 2013

The Delson Company has an ROA of 8.6 percent, a 9.00 percent profit margin, and an ROE of 15.00 percent. Requirement 1: What is the company’s total asset turnover? (Round your answer to 2 decimal places (e.g., 32.16).) Total asset turnover times Requirement 2: What is the equity multiplier? (Round your answer to 2 decimal places (e.g., 32.16).) Equity multiplier times

The Delson Company has an ROA of 8.6 percent, a 9.00 percent profit margin, and an ROE of 15.00 percent.  
Requirement 1:
What is the company’s total asset turnover? (Round your answer to 2 decimal places (e.g., 32.16).)
 
  Total asset turnover  times
 
Requirement 2:
What is the equity multiplier? (Round your answer to 2 decimal places (e.g., 32.16).)
 
  Equity multiplier  times

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